Oil giant

Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
Mexico
Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire
Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared th…
S. Sudan: Petronas may not Participate in First Oil Licensing Round
Malaysian oil giants, Petronas announced on Thursday that the company does not intend to participate in South Sudan’s first oil licensing round.
Crude Oil
Oil Giants See Crude at $100/barrel on Supply Side Constraints
Global oil markets had one of the most turbulent years in history last year with the coronavirus pandemic sending prices crashing
Crude Oil
Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its mos…
Hydrogen Project
Sinopec to Launch First Green Hydrogen Project in 2022
Chinese state-controlled oil giant Sinopec said it expects to launch its first green hydrogen project, a zero-carbon fuel generated from renewable energy source…
Distributed Solar
Sinopec Launches First 'Carbon-Neutral' Gas Station
Chinese oil giant Sinopec Group has completed work on the country's first "carbon-neutral" gas station, marking an important step in its drive to reduce carbon …
Geothermal Power Plant
Why Oil Giants Like Chevron and BP are Investing in Geothermal Energy
Miles below the Earth’s surface, there’s a source of renewable energy that could sustain all of humanity for the foreseeable future.
Energy Transition
Rosneft, BP Forge Renewables Alliance
Russian, UK oil giants target green power projects as part of strategic collaboration
CNOOC
Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next
The Trump Administration is banning as of November 2021 the holding of shares in any Chinese company defined by the U.S. as having links to the Chinese military…
Carbon Neutral
Exxon Reveals Full Scope of Fuel Emissions for First Time
Oil giant has come under pressure from activist investors.
Crude Oil
China’s Oil Giants Face NYSE Delisting
Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in China, due…
Carbon Emissions
Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed
Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue busi…
Paris Climate Agreement
Oil Giant Exxon Commits to Emissions Reductions in Line with Paris Agreement
U.S. oil giant Exxon Mobil is setting short-term targets to reduce its greenhouse gas emissions over the next five years as the company responds to investor and…
Oil & Gas Trade
CNOOC China Awards LNG Contract to Aramco Trading
China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…

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Oil giant

Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers

Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire

S. Sudan: Petronas may not Participate in First Oil Licensing Round

Oil Giants See Crude at $100/barrel on Supply Side Constraints

Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion

Sinopec to Launch First Green Hydrogen Project in 2022

Sinopec Launches First 'Carbon-Neutral' Gas Station

Why Oil Giants Like Chevron and BP are Investing in Geothermal Energy

Rosneft, BP Forge Renewables Alliance

Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next

Exxon Reveals Full Scope of Fuel Emissions for First Time

China’s Oil Giants Face NYSE Delisting

Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed

Oil Giant Exxon Commits to Emissions Reductions in Line with Paris Agreement

CNOOC China Awards LNG Contract to Aramco Trading